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this is a big deal. >> neil: this was an asset tax. something to which we're not immune here because with the healthcare law, there's the medicare hsu tax on selling real estate and x amount. so we already have that built in. so the -- i'm not saying the next stop is the depositor tox but we do have asset tax. >> absolutely there has been talk about the consumer financial protection bureau taking control and oversight of 401k accounts so they can make sure people aren't being ripped off. if you undermine the whole idea of savings, we already have a nationy we're not saving enough for retirement. all we need to do is undermine our financial system as well and it's just disaster on the way. >> neil: i'm not happy. if you don't watch fox business, she's going to come with her best-selling book and force you to read it. >> a fox news alert. the white house easter egg roll is not at risk. why there is an excess warning we're all about to get scrambled most people think that after an accident, you'll have to pay five hundred bucks for your d
this is a big deal. >> neil: this was an asset tax. something to which we're not immune here because with the healthcare law, there's the medicare hsu tax on selling real estate and x amount. so we already have that built in. so the -- i'm not saying the next stop is the depositor tox but we do have asset tax. >> absolutely there has been talk about the consumer financial protection bureau taking control and oversight of 401k accounts so they can make sure people aren't being ripped...
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Mar 20, 2013
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it's the right thing to do. >> neil: we raised taxes. >> i didn't say raise taxes, i said close loopholes. republicans call closing loopholes raising taxes because it's the rich that have unfair practice. >> neil: have you filled out your brackets? yes or no. have you filled out your brackets? >> no, i haven't done that. i'm going to leave that to the president. he may be late on that too. >> neil: i'm sorry. thank you very much. >> thank you, neil. >> neil: do you remember this? an interview i said senator paul and senator cruz were whacko birds. that's inappropriate and i apologize to them for saying that. >> neil: after that, senator cruz accepted that apology. is senator rand paul about to do the same? and as nevada mourns the death of seven marines, did their senator blame the sequester? meet the military commander telling harry to say i'm sorry. [ male announcer ] it's relobster's lobsterfest our largest selection of lobster erees, like lobster lover's dream or new grilledobster and lobster tacos. come in now and sea food differently. visit redlobster.com now for an exclusive $10 co
it's the right thing to do. >> neil: we raised taxes. >> i didn't say raise taxes, i said close loopholes. republicans call closing loopholes raising taxes because it's the rich that have unfair practice. >> neil: have you filled out your brackets? yes or no. have you filled out your brackets? >> no, i haven't done that. i'm going to leave that to the president. he may be late on that too. >> neil: i'm sorry. thank you very much. >> thank you, neil. >>...
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there will be tax hikes come, they are going to call it tax reform. there will be entitlement cuts they are going to say it's smarter or fairer or prolonging the life of the programs. this is the game that's going on. will there be a grand bargain or a little bargain? i suspect it's smaller. there's a deal working through the course. >> we have gone from there has to be a deal, this is a disas r disaster, you can't allow the sequester to happen to the sequester happened and there's the president saying well, ultimately, if we can't get a deal -- they are saying things that include the possibility there won't be a deal and the sequester will be what we live with here. >> he's saying it's not the end of the world if we don't reach a grand bargain. i had hope the sequester was something that shifted the fundamental calculus. it came and went. on the democratic side, they feel the cuts are too severe, which they are. on the republican side, there's a lot of discomfort. a lot of them are comfortable cutting the defense department. republicans with district
there will be tax hikes come, they are going to call it tax reform. there will be entitlement cuts they are going to say it's smarter or fairer or prolonging the life of the programs. this is the game that's going on. will there be a grand bargain or a little bargain? i suspect it's smaller. there's a deal working through the course. >> we have gone from there has to be a deal, this is a disas r disaster, you can't allow the sequester to happen to the sequester happened and there's the...
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it calls for closing loopholes to raise almost $1 trillion in new tax revenue. closing loopholes on the big corporations, in many cases don't even pay taxes. republicans are already blasting the plan. they support congressman paul ryan's budget proposal which seeks to balance a budget without any new taxes, only spending cuts. it also calls for repealing president obama's healthcare overhaul, something that democrats say, well, frankly, it can't happen. mike emanuel with the news live on capitol hill tonight. it was the democrat's turn. what did they say. >> the white house put out a statement concrete plan boost the economy and reduce deficits. today the chairman of the senate budget committee made her pitch. >> our budget reflects the pro-growth, pro-middle class agenda that the american people went to the polls of in support of in the last election. and i believe it is is a strong and responsible vision for building a foundation for growth and restoring the promise of american opportunity. >> though senator murray and white house like it not clear how senate
it calls for closing loopholes to raise almost $1 trillion in new tax revenue. closing loopholes on the big corporations, in many cases don't even pay taxes. republicans are already blasting the plan. they support congressman paul ryan's budget proposal which seeks to balance a budget without any new taxes, only spending cuts. it also calls for repealing president obama's healthcare overhaul, something that democrats say, well, frankly, it can't happen. mike emanuel with the news live on...
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it's good to refresh our memories on costly wars, big tax cuts, medicare part d. that was a six-hour vote and there were republicans chasing people around the walls of the house of representatives trying to get that last vote and of course, the crisis on wall street. by the way, as you know, they've regained all the money they lost on the principles of president obama. i know he has a heart of caring. we've got to restate this principle and you are right. it's our commitment. we're not letting go of medicare, medicaid and social security. medicaid is a premise of the affordable care act. >> even if it puts you at odds with the president? >> i'm an optimist and i truly believe the president has a real good heart and he's still willing to listen. we're against the changed cpi. but we're keeping the doors open. we want to hear what the president has to say and i always believe that he has an open mind and an open heart. but it's up to many of us. to keep the fight going. >> we are going to find out. no question about it. thanks for your time tonight. i appreciate it.
it's good to refresh our memories on costly wars, big tax cuts, medicare part d. that was a six-hour vote and there were republicans chasing people around the walls of the house of representatives trying to get that last vote and of course, the crisis on wall street. by the way, as you know, they've regained all the money they lost on the principles of president obama. i know he has a heart of caring. we've got to restate this principle and you are right. it's our commitment. we're not letting...
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rejected a bro posed tax on bank deposits casting doubt on a bailout. >>> in the u.s. housing starts jumped .8% in february meeting expectations. meanwhile, building permits a gauge of future construction rose to the highest level since 2008. that's it from cnbc, first in business worldwide. now back to "hardball." >>> there's no one reason we lost. our message was weak. our ground game was insufficient. we weren't inclusive. we were behind in both data and digital. and our primary and debate process needed improvement. >> there's the lift of a driving dream. welcome back to "hardball." rnc chair rience priebus reporting on the state of the republican party and brought relief to establishment types but also angered conservativeses who say priebus, that man there, was exactly wrong, that the party can't win if it moderates its right wing positions. here was rush limbaugh reacting to priebus. >> they think they have to re-brand. reach out to minorities. got to moderate their tone here and moderate their tone there. that's not at all what they've got to do. all they have
rejected a bro posed tax on bank deposits casting doubt on a bailout. >>> in the u.s. housing starts jumped .8% in february meeting expectations. meanwhile, building permits a gauge of future construction rose to the highest level since 2008. that's it from cnbc, first in business worldwide. now back to "hardball." >>> there's no one reason we lost. our message was weak. our ground game was insufficient. we weren't inclusive. we were behind in both data and digital....
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Mar 21, 2013
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congressman paul ryan says his budget would balance without raising taxes. senators will vote on both proposals tomorrow. here is a key senate republican on democrat murray's budget proposal. >> significant time that our colleagues have produced a budget, i'm glad they have. but it is a disappointment in the sense that it, in no way, alters the debt course we are on. they claim it is balanced. they have said balanced over 50 times already in this debate. and, yet, that budget does anything but balance. >> i should note the house passed paul ryan's plan today with all republican votes. zero democrats voting for it, shep. >> they didn't wait in the very last second of the very last day. what in the world was wrong with them? >> that's right. they pass the house passed a senate continuing resolution or cr as it is known. the house democratic leader nancy pelosi says it wasn't perfect, but it was important. >> the first vote on the cr was about substance. the second vote on the cr was about keeping government open. we want to remove all doubt that whatever our d
congressman paul ryan says his budget would balance without raising taxes. senators will vote on both proposals tomorrow. here is a key senate republican on democrat murray's budget proposal. >> significant time that our colleagues have produced a budget, i'm glad they have. but it is a disappointment in the sense that it, in no way, alters the debt course we are on. they claim it is balanced. they have said balanced over 50 times already in this debate. and, yet, that budget does...
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in other words, a tax for just having money in the bank. protesters reportedly cheered after lawmakers voted against that proposal. the analysts say it puts any possible bailout in great question and could force that government into bankruptcy. the fox business network's gerri willis is here with the details on this. does that government just collapse without this money? >> well, that's a great question. i can't answer it. it's not clear yes. the banks are closed right now. we don't even know if the banks are going to collapse. we are waiting to see what's going to happen with that in fact, they are just supposed to reopen thursday. they may not reopen until tuesday because there intank holiday on monday. rest assured the eu is not backing down here. they say they are not going to help unless the depositors pony up money. >> what does this mean for the rest of europe and the united states. >> the brits, this is interesting. they sent a military plane over with a million euros to go to their troops over there that's about $1.3 million. becau
in other words, a tax for just having money in the bank. protesters reportedly cheered after lawmakers voted against that proposal. the analysts say it puts any possible bailout in great question and could force that government into bankruptcy. the fox business network's gerri willis is here with the details on this. does that government just collapse without this money? >> well, that's a great question. i can't answer it. it's not clear yes. the banks are closed right now. we don't even...
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Mar 14, 2013
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the democrats say now that, yes, we must have tax hikes, or tax something -- tax revenue, and we must have spending cuts. and that's unusual -- >> neil: but they're quicker at identifying the tax hikes than the spending cuts, and when it comes to republicans, what they offer on spending cuts of their own, don't address defense. although paul ryan has entertained caps. >> people watching the show should realize our deficits grow in both plans, and ryan's plan is for progrowth. but both sides okay with the spending and both sides -- democrats-saying something about taxes. but there's $100 billion in there for a new stimulus plan, which i don't know how well that's going to fly. and then ryan keeping in the notion of appealing obamacare has to -- >> move on. >> that's not going to work at least for the next four years. so you keep it in there, maybe it's something you give up during negotiations. i think people watching the show should feel more hopeful, but to your point, the chasm, we're so far away from a deal, something i wouldn't bet on. >> neil: democrats claim their budget will sl
the democrats say now that, yes, we must have tax hikes, or tax something -- tax revenue, and we must have spending cuts. and that's unusual -- >> neil: but they're quicker at identifying the tax hikes than the spending cuts, and when it comes to republicans, what they offer on spending cuts of their own, don't address defense. although paul ryan has entertained caps. >> people watching the show should realize our deficits grow in both plans, and ryan's plan is for progrowth. but...
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there's no tax increase in the world that will solve our long term dead -- debt problem. i'll tell you the criticism of the left. number one, he drank two much water. number two he didn't offer any new ideas and there's the fallacy of this. we don't need a new idea. there is an idea. the idea called america and it still works. [applause] >> i was told i got ten measly minutes. [laughter] >> but just in case i brought 13 hours worth of information. [laughter] >> the filibuster was about drones and also about much more. do we have a bill of rights? do we have a constitution? and will we defend it? [applause] >> within a few days, the president signed an extra $250 million to send to egypt. [booing] >> you know the country where attacked our embassy, burned our flag, and chanted "death to america," he found an extra $250 million to reward them. i say, not one penny more to countries that are burning our flag. >> the g.o.p. of old has grown stale and moss-covered. [applause] >> i don't think we need to name any names, do we? applause. >> our party is enculpberred by an incons
there's no tax increase in the world that will solve our long term dead -- debt problem. i'll tell you the criticism of the left. number one, he drank two much water. number two he didn't offer any new ideas and there's the fallacy of this. we don't need a new idea. there is an idea. the idea called america and it still works. [applause] >> i was told i got ten measly minutes. [laughter] >> but just in case i brought 13 hours worth of information. [laughter] >> the filibuster...
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remember the payroll tax hike and higher taxes on investment income? the financial hit, $317 billion. cadillac tax on high cost insurance plans, another $111 billion for that one. a mandate that employers provide health care or pay a fee, tax on that $106 billion. annual tax on health insurance providers, $102 billion. then there is the individual mandate, $55 billion for that one. we're not done. tax on medical device makers, $29 billion. the list goes on and on. more than 20 new taxes and fees totaling a trillion bucks. that is doubling the estimate just a few years ago. folks, it ain't over. it could send employers over the edge. the real shocker, i talked to a lot of accountants of companies -- they didn't know about this. it's like peeling that onion. >> right. you saw the stack of papers, 20,000 pages of obamacare regulations, it's seven feet, three inches tall, nine inches call of kobe bryant. 66 dollar per person fee. employers are looking at this. it came out this week so it's not something they carefully prepared for. this being more than any
remember the payroll tax hike and higher taxes on investment income? the financial hit, $317 billion. cadillac tax on high cost insurance plans, another $111 billion for that one. a mandate that employers provide health care or pay a fee, tax on that $106 billion. annual tax on health insurance providers, $102 billion. then there is the individual mandate, $55 billion for that one. we're not done. tax on medical device makers, $29 billion. the list goes on and on. more than 20 new taxes and...
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Mar 20, 2013
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believe me, they're not sitting there saying, geez, let's have more tax breaks for the wealthy and more loopholes to corporates. >> that's where your party stands. >> we have fought that battle and it's a mistake. we've got to get back to talking to middle income people about how they can reach the american dream. that's why we lost pennsylvania and ohio, wisconsin, michigan. we've got to get back to having people feel like we understand their lives. we're not about just tax breaks for the wealthy. >> do you think -- i like your values here, by the way. i'd like to see your party really compete. democratic party offers pell grants, opportunities for working class kids to go to college, social security for people over 65 so they can avoid being below the poverty line. what has your party put up in that bidding war? what do you offer for those regular people? >> not enough. i'll give you way of example. we like to say that we're the pro life party. we're really not. we're the pro birth party. >> it's in your platform. >> we fight for the unborn. >> john, it's right there in your platform.
believe me, they're not sitting there saying, geez, let's have more tax breaks for the wealthy and more loopholes to corporates. >> that's where your party stands. >> we have fought that battle and it's a mistake. we've got to get back to talking to middle income people about how they can reach the american dream. that's why we lost pennsylvania and ohio, wisconsin, michigan. we've got to get back to having people feel like we understand their lives. we're not about just tax breaks...
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and why your tax refunds could be delayed for weeks. people are waiting for uncle sam to cut them a check, minutes from now. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sailboat. what's in your wallet? you have a sailboat. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by
and why your tax refunds could be delayed for weeks. people are waiting for uncle sam to cut them a check, minutes from now. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. uh, charles couldn't make it. his single miles card...
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Mar 21, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to kick in a week from today. republican governor rick snyder is here. governor, good to see you. i was mentioning during the break whether when you see yourself portrayed as satan or the devil. >> it's great to be with you. i feel it's part of democracy. it was hired to do a job by my customers, the citizens of the state of michigan, and i'm doing the right thing. it's about workers rights and it's about bringing more jobs to michigan. so i'm just going to do my job. >> neil: we were talking about the possibility of an errant judge
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to...
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so if you already paid taxes on income or whatever will be taxed again and taxed hard. nearly 7%. meaning you'll have an $8,700 tax levied on you. if you managed to sock away more than $100,000 euros, you'll be forced to hand over at least 13 grand. banks in cyprus are closed today and will stay closed until thursday as parliament closed on the plan. nearly all atms are closed as the people withdraw as much as they can. now there are fears bank runs elsewhere and others, imagine if it happen here. what would we do? cowboy bill says close my accounts, bye bank! share your thoughts with us and cowboy bill. up next, a sign of the time. did you know, women and girls now outperform the guys at every level of schooling? why are women still earning less? we'll explore that question and so much more. [ male announcer ] when it comes to the financial obstacles military families face, we understand. our financial advice is geared specifically to current and former military members and their families. life brings obstacles. usaa brings retirement advice. but i'm still stubbed up. [ male anno
so if you already paid taxes on income or whatever will be taxed again and taxed hard. nearly 7%. meaning you'll have an $8,700 tax levied on you. if you managed to sock away more than $100,000 euros, you'll be forced to hand over at least 13 grand. banks in cyprus are closed today and will stay closed until thursday as parliament closed on the plan. nearly all atms are closed as the people withdraw as much as they can. now there are fears bank runs elsewhere and others, imagine if it happen...
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tax and spenders, what a big shock. a trillion in taxes. good luck talking about that in my district. but you also, though, what feels so much better about this process now is that while they are sniping at each other, you've got them working behind the scenes and, i'll tell you, i'm tipping my hat. i've been really tough on the president, certainly over the past month or two, but i tip my hat. you know? it's not easy for any president to go up to the hill, sort of hat in hand, especially not easy for this president from what everybody said about him. he doesn't think it's his job, it's his responsibility, but he did it any way. i think we should all salute him for that. >> i hear you but i have to say the budgets aren't farther apart. for all of the happy talk of last week, what happens is you had basically both parties said, house republicans and senate democrats said we are putting our worst offers on the table. here you are. you think that we have gotten past some of the politics and we have gotten past some of the nastiness and certain
tax and spenders, what a big shock. a trillion in taxes. good luck talking about that in my district. but you also, though, what feels so much better about this process now is that while they are sniping at each other, you've got them working behind the scenes and, i'll tell you, i'm tipping my hat. i've been really tough on the president, certainly over the past month or two, but i tip my hat. you know? it's not easy for any president to go up to the hill, sort of hat in hand, especially not...
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Mar 14, 2013
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we're told the president expressed interest in new tax revenue and also tax reform. as for senate democrats, their leaders are blasting the proposal that house republicans put forward on the budget, and author paul ryan. >> this budget was roundly defeated last november. i can imagine why they don't get a new dance step here. so until they get off this ryan republican march madness, all this magic he tried to do, we can't work together. if we're going to pass a budget. >> the house speaker, john boehner, the other key leader here on capitol hill, put a marker down saying, no more tax hikes, and no more gimics. >> but republicans reading the details of the democrats' budget say, this is not serious. >> that's correct. they are upset by the fact that the democratic budget plan would increase spending. does not address entitlements which are growing bigger every day and real drivers of the debt, and perhaps mostfor them a proposed massive tax increase. >> i'm quite shocked. we had heard it advertised by the authors that this was a trillion dollar tax increase. in fact i
we're told the president expressed interest in new tax revenue and also tax reform. as for senate democrats, their leaders are blasting the proposal that house republicans put forward on the budget, and author paul ryan. >> this budget was roundly defeated last november. i can imagine why they don't get a new dance step here. so until they get off this ryan republican march madness, all this magic he tried to do, we can't work together. if we're going to pass a budget. >> the house...
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being reimbursed for efforts to make this successful event. >> giving a hotel tax break isn't as bad as this may sound. 350 rooms are involved at $150 nightly rate, tax is $14.25 a $5,000 loss per night revenue normally goes into the city's general fund. the general manager at the hilton santa clara thinks super bowl spending will more than offset that loss. >> the value that have event in this city and exposure we're going to get i think will more than makeup for anything lost. >> he's planning a 140 room addition to the hotel in time for the super bowl. with rooms going to be a premium rate. >> on a personal level, yes, i'm keeping on top of this, i think that because of -- we're showing regional ef yrts here. that is our key. >> hosting could be too big of a prize for
being reimbursed for efforts to make this successful event. >> giving a hotel tax break isn't as bad as this may sound. 350 rooms are involved at $150 nightly rate, tax is $14.25 a $5,000 loss per night revenue normally goes into the city's general fund. the general manager at the hilton santa clara thinks super bowl spending will more than offset that loss. >> the value that have event in this city and exposure we're going to get i think will more than makeup for anything lost....
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one out of four major corporations is paying nothing in taxes. my hope is that we can in fact develop a strong budget which is based on revenue and judicious cut cuts. >> when i see her saying she is open to chain cpi, if she, obama, republican leaders get to a deal, it will include chain cpi or something along those lines. would you as a senator, if that becomes the deal that they all work out, would you use the power of filibuster, do you feel strongly enough to stop anything that touches entitlements? >> i don't want to speculate on a line athletic cal. the so called chain cpi would mean if you're 65 years of old, by the time you're 75, you'll get $650 less than you would have gotten. by the time you're 85, $1,000 a year less. if you're a senior citizen in the state of vermont trying to live on $15,000 a year, that's a devastating cut. let me say as chairman of the senate veteran committee, this will mean devastating cuts for disabled veterans fork widows who lost their husbands in iraq and afghanistan. it is not my view that the american peop
one out of four major corporations is paying nothing in taxes. my hope is that we can in fact develop a strong budget which is based on revenue and judicious cut cuts. >> when i see her saying she is open to chain cpi, if she, obama, republican leaders get to a deal, it will include chain cpi or something along those lines. would you as a senator, if that becomes the deal that they all work out, would you use the power of filibuster, do you feel strongly enough to stop anything that...
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this is one reason it sounds convenient to tax depositors. because so many are foreigners of so it is not the tax payer of cyprus who will pay the full brun or the taxpayers of cyprus and the depositors. at love that money will come from apparently big deposit holders. many of whom are foreign, especially russian. >> cnbc. always appreciate your insight. thank you. >>> the high school football players found guilty of raping a 16-year-old girl broke down after the verdict came down. but steubenville is not the out of the spotlight just yet. plus -- >> terrilyn has a beautiful soul. she wanted to help new orleans by coming out here. >> a new orleans teacher missing for nearly three weeks now. coming up, her mother and sister will join me to talk about the efforts to bring her home. please. what's this? uhh, it's my geico insurance id card, sir. it's digital, uh, pretty cool right? maybe. you know why i pulled you over today? because i'm a pig driving a convertible? tail light's out.. fix it. digital insurance id cards. just a click away with th
this is one reason it sounds convenient to tax depositors. because so many are foreigners of so it is not the tax payer of cyprus who will pay the full brun or the taxpayers of cyprus and the depositors. at love that money will come from apparently big deposit holders. many of whom are foreign, especially russian. >> cnbc. always appreciate your insight. thank you. >>> the high school football players found guilty of raping a 16-year-old girl broke down after the verdict came...
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so this odd republican out there is going to both raise taxes and make his somewhat better off voters pay more for health care? no way. we really don't need to get to the liberals, progressives, but just for the sake of candor, why on this god's earth would a good democrat need to cut or i don't get why people are talking about a deal, that no politician out there worried about his or her re-election or renomination would ever want to i can mmake. the truth of what i'm saying will shine through. and the sequester won't seem so bad after all. and that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >> thanks, chris, and thanks to you for tuning in. tonight's lead, shame as it ever was. today, both governor romney and congressman ryan took the stage at the big conservative summit outside of washington. so did they talk about the lessons of the election? did they show they understand why they lost? does the gop finally get it? nope. >> we may not have carried on november 7th but we haven't lost the country we love and we have not lost o
so this odd republican out there is going to both raise taxes and make his somewhat better off voters pay more for health care? no way. we really don't need to get to the liberals, progressives, but just for the sake of candor, why on this god's earth would a good democrat need to cut or i don't get why people are talking about a deal, that no politician out there worried about his or her re-election or renomination would ever want to i can mmake. the truth of what i'm saying will shine...
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that's why there's a need to tax deposits. that's where the money is. that's the only way this country will be able to come up with it. that's the struggle. now they're off to russia. minister of finances hope they get money out of that country. it's not clear that's going to happen, at least not in time to save the banking system. >>> of course here as always we want to know why are you awake? shoot us an e-mail or tweet me @billschactman. >>> they have espn and air force one will show you which teams the basketball fan picked. that's next in sports >> leave it to reality tv. we have more great diving. highlights from the new celebrity diving show "splash" which i did watch a few minutes of. check it out when way too early comes back. >> someone released poison gas inside the tokyo subway system. military nerve gas. some of the passengers on five separate trains were killed in stpapbtly. instantly. most people think that after an accident, you'll have to pay five hundred bucks for your deductible. the truth? at allstate, you could pay zero. allstate gi
that's why there's a need to tax deposits. that's where the money is. that's the only way this country will be able to come up with it. that's the struggle. now they're off to russia. minister of finances hope they get money out of that country. it's not clear that's going to happen, at least not in time to save the banking system. >>> of course here as always we want to know why are you awake? shoot us an e-mail or tweet me @billschactman. >>> they have espn and air force one...
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if you're going to tax me 10% i'll take my money out. trust me. >> greta: most think that will never happen here, we don't need to feel like that, but you know, in these very sort of perilous financial times, anything is possible, i suppose. >> in this day and age, you know it is. and when people get their backs against the wall, i ran against the bailouts and now they didn't work the first time and now they need them in europe and you know, saying, we're going to take people's money and go in and tax 10 to 15% of your hard earned money and that's why we brought the resolution to the floor and i asked 30 people yesterday to co-sign it. first 23 signed and seven said send me the information. >> who are the three that need more information. do you out them? >> no, i think the-- i probably would have been one, normally if somebody asks me to sign something on the floor, send it to my staff and let me read it. >> is it bipartisan, any democrats. >> not yet, but i've talked to a few democrats, but i walked down the republican side of the peop
if you're going to tax me 10% i'll take my money out. trust me. >> greta: most think that will never happen here, we don't need to feel like that, but you know, in these very sort of perilous financial times, anything is possible, i suppose. >> in this day and age, you know it is. and when people get their backs against the wall, i ran against the bailouts and now they didn't work the first time and now they need them in europe and you know, saying, we're going to take people's...
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he's going to cut taxes for everyone and get two tax brackets of 10 and 20%. and then medicare is going to become private subsidized health care plans for people under 55 and eliminates the federal program. if you're cutting taxes by that much, it sounds like, well, it sounds like you're cutting those other things dramatically, too. >> well, yeah, paul leaves it out in there. to me, this is a very good blueprint to go forward on. i also support tax cuts. i do think that ultimately, tax cuts do generate more revenue. i come from the jack kemp school of republican party which does believe in tax cuts. but, again, this is our plan on the table. president should come forward with his and we'll go forward from there. this is a divided government. the republican realizes that. we're going with what we feel is our best case. and it's really not challenging, but it's asking the president come forward with his. the fact that he's coming in tomorrow. we'll go over some of these issues with him. and it will be a good first step. >> you know what's kind of amazing about t
he's going to cut taxes for everyone and get two tax brackets of 10 and 20%. and then medicare is going to become private subsidized health care plans for people under 55 and eliminates the federal program. if you're cutting taxes by that much, it sounds like, well, it sounds like you're cutting those other things dramatically, too. >> well, yeah, paul leaves it out in there. to me, this is a very good blueprint to go forward on. i also support tax cuts. i do think that ultimately, tax...
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through tax themselves. they know folks who have been affected by gun violence. these are people who may have a son, a brother, a good friend who is gay. so these people having these very personal tangible experiences are seeing these loopholes. and we're seeing a lag both with democrats and republicans. what makes me optimistic is we are seeing our elected officials start to follow more in the trend of public opinion. first the democrats and i think we'll see the republicans, too. >> thank you all so much. we wanted to spend more time with you but we had a lot of news to get to today. >>> coming up, an update on the manhunt for the person responsible for killing colorado's prison chief. you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. tens of thousands of dollars in hidden fees on their 401(k)s?! go to e-trade and roll over your old 401(k)s t
through tax themselves. they know folks who have been affected by gun violence. these are people who may have a son, a brother, a good friend who is gay. so these people having these very personal tangible experiences are seeing these loopholes. and we're seeing a lag both with democrats and republicans. what makes me optimistic is we are seeing our elected officials start to follow more in the trend of public opinion. first the democrats and i think we'll see the republicans, too. >>...
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cutting the corporate income tax in half. by creating a flat, personal income tax of 17%. and cutting the regulations that are strangling american business. >> paul ryan and i can't wait. that will be the funniest and cruelest and deadliest on arrival budget proposal in washington history. i hereby invite rand paul to come on this program for the full hour on the day that he releases that budget, where he can explain it right here to the american people. >>> the 2012 republican loser, rick perry, got huge cheers today. with a swipe at mitt romney and john mccain. >> the popular media narrative -- it's that this country has shifted away from conservative ideals as evidenced by the last two presidential elections. that's what they think. that's what they said. that might be true if republicans had actually nominated conservative [ bleep ] in 2008 and 2012. might be true. >> joining me now from the cpac convention in national harbor, maryland is ana marie cox of "the guardian" and alex wagner. ana marie, you're there. so you have the floor. please, explain cpac to us. >> repo
cutting the corporate income tax in half. by creating a flat, personal income tax of 17%. and cutting the regulations that are strangling american business. >> paul ryan and i can't wait. that will be the funniest and cruelest and deadliest on arrival budget proposal in washington history. i hereby invite rand paul to come on this program for the full hour on the day that he releases that budget, where he can explain it right here to the american people. >>> the 2012 republican...
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growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside. >> joining us now from new orleans, is democratic political strategist, james carville, the author of many books, including his latest "it's the middle class, stupid" james, it's a joy to have you on the show. thank you for joining us. i didn't have time to get into the wagner budget and the carville budget, but i wonder with the proliferation of budgets, mr. carville, do you think we're any closer to any kind of deal? >> pro
growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> coming up next, pope francis comes from the new world. will he continue the church's old world ways? 1.2 billion catholics want to know. we'll discuss next on "morning joe." do we have a mower? no. a trimmer? no. we got nothing. we just bought our first house, we're on a budget. we're not ready for spring. well let's get you ready. very nice. you see these various colors. we got workshops every saturday. yes, maybe a little bit over here. this spring, take on more lawn for less. not bad for our first spring. more saving. more doing. that's the power of the home depot. get three bags of earthgro mulch, a special buy at just $10. [ babies crying ] surprise -- your house was built on
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> coming up next, pope francis comes from the new world. will he continue the church's old world ways? 1.2 billion catholics want to know. we'll discuss...
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get a tax advantage. for paying not what i call nonessential services. in you come to see me for a common cold you don't want insurance to cover that if you are not the middle class. if insurance covers it your premiums go up. we need more payment out of pocket. what is not reported enough is that is a a lot of countries that have a universal health insurance they have more of a patient having skin in the game and that is what we need here. >> mike: i'm afraid maybe nancy pelosi was right on one thing we will know what is in obama care after we passed it. >> after we suffered from it. >> mike: very well said. doctor marc siegel great to have you here today. a new york cop is facing life in prison for basically having some really sick thoughts like cannibalism. is that the proper sentence for somebody who hasn't actually h hurt anybody else? i will discuss the c c c c c ♪ [ instrumental ] [ boy ] i used to hate eating healthy stuff. but badger likes it, so i do too. i used to have bad dreams, but not anymore. [ barks ] i used to be scared of the basemen
get a tax advantage. for paying not what i call nonessential services. in you come to see me for a common cold you don't want insurance to cover that if you are not the middle class. if insurance covers it your premiums go up. we need more payment out of pocket. what is not reported enough is that is a a lot of countries that have a universal health insurance they have more of a patient having skin in the game and that is what we need here. >> mike: i'm afraid maybe nancy pelosi was right...
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frantically looking to rejigger the tax. i stress, not eliminating the tax. maybe focus on the rich. take 20% of their dough. hard to say. this much is not. it is going to happen. because the government needs the dough. if they still want to get european union dough. it gets weird and complicated. desperate to stay in the euro club. does this ring a bell? it should. no one is taxing the bank holdings, thanks to obamacare, they are going after the other assets. 3.7% on investment sales larger than 100,000 grand. the next time you try to sell your house, trust me. you will hit the roof. think about that. tax not on your income, earned or unearned but your assets. what you have, what you own. your tangible assets. home here, bank account there. is there difference? no. no difference between american government taxing you for medical devices and what it deems as a medical insurance plan. taxing you not on what you make but what you have. the stuff you attain through life of work no, matter when you work or how much you made when you work. stuff you got now. to go
frantically looking to rejigger the tax. i stress, not eliminating the tax. maybe focus on the rich. take 20% of their dough. hard to say. this much is not. it is going to happen. because the government needs the dough. if they still want to get european union dough. it gets weird and complicated. desperate to stay in the euro club. does this ring a bell? it should. no one is taxing the bank holdings, thanks to obamacare, they are going after the other assets. 3.7% on investment sales larger...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i'm your hot water heater. you hardly know i exist. that's too bad. 'cuz if my pressure relief valve gets stuck... [ booooooom! ] ...we hot water heaters can transform into rocket propelled wrecking balls. and if you got the wrong home insurance coverage, it's your bank account that might explode. so get allstate. [ dennis ] good hands. good home. make sure you have the right home protection. talk to an allstate agent. make sure you have the right home protection. (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. >> sean: welcome back to hannity. time for media mash. our roundup the ways the main stream media suck up to obama. and
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i'm your hot water heater. you hardly know i exist. that's too bad. 'cuz if my pressure relief valve gets stuck... [ booooooom! ] ...we hot water heaters can...
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last decade, we had two wars off the books while cutting taxes for the wealthy. there are ways to fix our deficit, but don't hurt the poor and middle class a carbon tax creating capital gains and income. apparently we don't really hate
last decade, we had two wars off the books while cutting taxes for the wealthy. there are ways to fix our deficit, but don't hurt the poor and middle class a carbon tax creating capital gains and income. apparently we don't really hate
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> new claims tonight the sandy hook gunman adam lanza had a well research plan of attack, going so far as to create a spreadsheet of other murderers, a shocking seven feet long and four feet wide. that report comes from the "new york daily news." cnn has not confirmed all the details. violent video games may have played a larger role than previously believed. joining me by skype is a psychologist with the institute who worked on the unabomber case. welcome back to you, doctor. really quite shocking details in this "new york daily news" report. about the length and the time and the preparation that adam lanza had been apparently planning this hideous atrocity at sandy hook. what did y
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> new claims tonight the sandy hook gunman adam lanza had a well research plan of attack, going so far as to create a spreadsheet of other murderers, a...
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so when you hollow out the base of it property tax owners and still put the property tax owners on the hook, once they have been evicted, you have a bad situation. >> dave, thanks so much for being with us. >> thank you. >>> today's tweet of the day comes from former labor secretary robert reich. federal budget not analogous to a family budget. in fact, when families budget we need to be last resort. ♪ [ laughs ] whoo. ♪ oh. nice! great! [ laughs ] a shot like that calls for a postgame celebration. [ male announcer ] share what you love with who you love. kellogg's frosted flakes. they're gr-r-eat! kellogg's frosted flakes. when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. [ sneezes ] you're probably muddling through allergies. try zyrtec® for powerful allergy relief. and zyrtec® is different than claritin®
so when you hollow out the base of it property tax owners and still put the property tax owners on the hook, once they have been evicted, you have a bad situation. >> dave, thanks so much for being with us. >> thank you. >>> today's tweet of the day comes from former labor secretary robert reich. federal budget not analogous to a family budget. in fact, when families budget we need to be last resort. ♪ [ laughs ] whoo. ♪ oh. nice! great! [ laughs ] a shot like that...
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tax rates. ryan's goal is to have just two tax brackets. 10% and 25%. so the question now is, well, will democrats see this as congressman ryan and again, just throwing granny over the cliff. are they going to demagogue it it? don't laugh, a sequel to the ad is already out and we're going to play for you in just a few minutes or will senate democrats who haven't passed a budget in more than 1400 days, will they seize this opportunity to get the country on a fiscally sound path like paul ryan is presenting? now, i'd like to be optimistic, but judging by the reaction from the president himself earlier tonight, that's not going to be the case. now, listen to what he told abc's george stephanopoulos. >> paul ryan today put forward his budget and he says he's challenging you to come forward with a budget that also reaches balance. are you going to do that? >> no, my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and
tax rates. ryan's goal is to have just two tax brackets. 10% and 25%. so the question now is, well, will democrats see this as congressman ryan and again, just throwing granny over the cliff. are they going to demagogue it it? don't laugh, a sequel to the ad is already out and we're going to play for you in just a few minutes or will senate democrats who haven't passed a budget in more than 1400 days, will they seize this opportunity to get the country on a fiscally sound path like paul ryan is...
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put in a flat tax. he as one of the people crowded to him when he said i have a message for the president. the guy said, "don't drone me, bro." it's the drone thing. also his appeal to young people, which i think he has pushed even farther than his father did. his father brought in young people to the party but rand paul has bigger appeal. >> bret: rand paul is using the filibuster as a -- >> that was a huge thing for him. huge yes. >> bret: came bearing all the stacks of books and said i only had ten minutes but just in case i get 13 hours, i have these. charles? >> rubio will always refer to water. rand paul will always refer to the filibuster. that was his moment. that was a theatrical coo. he got lucky. on a snow day that there was no snow day, so nothing was happening in the city, the government was shut down. nothing on c-span except for him. he had a stage. stroke of genius in the way he did it. i think in his speech he made it clear he is a new kind of conservative. like his dad, but clearly the
put in a flat tax. he as one of the people crowded to him when he said i have a message for the president. the guy said, "don't drone me, bro." it's the drone thing. also his appeal to young people, which i think he has pushed even farther than his father did. his father brought in young people to the party but rand paul has bigger appeal. >> bret: rand paul is using the filibuster as a -- >> that was a huge thing for him. huge yes. >> bret: came bearing all the...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock.
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock.
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you don't know and you shouldn't know because it was about taxes. >> of course it was about taxes. unregulated capitalism. >> bill: unbelievable the correlations between what was happening in galilee and what the romans were doing to the jews back when jesus was walking around and what's happening now. i'm just going to give you a heads up. that this is coming. and the taxation was so onerous on the folks. for a totally different reason, i will concede. that the romans were venal. >> thank you. >> bill: they wanted this money to build their terms and to live a crazy lifestyle. but it was philosophically the same kind of government intrusion that we the people of america have no right to private property. and that's what castro does. chavez does. and that's where these congressional caucus people are headed. >> do you read the fox news version of the bible? come on, man. jesus turned over tables in the temple. he was worried about profit making. excessive wealth gathering. >> bill: i will deal with that hill, you know what you? are not accurate in what you just said. i'm not going t
you don't know and you shouldn't know because it was about taxes. >> of course it was about taxes. unregulated capitalism. >> bill: unbelievable the correlations between what was happening in galilee and what the romans were doing to the jews back when jesus was walking around and what's happening now. i'm just going to give you a heads up. that this is coming. and the taxation was so onerous on the folks. for a totally different reason, i will concede. that the romans were venal....
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raise taxes. interestingly mitt romney as you mentioned without any specificity, paul ryan without any specificity, and many others on the republican side all consistently say we want to close loopholes. bob reich is right, it is not just that this is a rerun of policy that lost in the election, it is mathematically a heavier lift. i won't take you through the math, but romney had 7 points of revenue to makeup and ryan has about 15 points of revenue to makeup. it is twice as heavy lift with no more specificity than we have before. >> joy, there's another question bob asks in his report about the courage of paul ryan. is it courageous to target your deepest cuts on the poorest americans who vote in lower numbers and provide little in campaign contributions? >> exactly, while still trying to exempt current medicare recipients from cruelty of going to voucher, saying only future seniors have to try to buy a plan. what he does is absolutely cruel. there's nothing courageous about saying it is on medic
raise taxes. interestingly mitt romney as you mentioned without any specificity, paul ryan without any specificity, and many others on the republican side all consistently say we want to close loopholes. bob reich is right, it is not just that this is a rerun of policy that lost in the election, it is mathematically a heavier lift. i won't take you through the math, but romney had 7 points of revenue to makeup and ryan has about 15 points of revenue to makeup. it is twice as heavy lift with no...
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raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats want to continue to blow up the budget and eventually, over the decade add 1 trillion dollars of new taxes. >> sean: yeah, so 1 trillion in new taxes over ten years, a trillion dollars, this is like they know no other way, all right? that's point one, but yet, they still will give us almost trillion dollar deficits as far as the eye can see throughout the entire ten
raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the...
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investors are worried if passed the 10% tax could set a precedent for future blameouts. >>> a new report from sweden points to china's rapidly growing budget to develop modern warfare equipment. a new tally finds tally has become the world's fifth largest arms exporter. the u.s. is number one followed by russia, germany, and france. >>> elsewhere, at&t starts selling the all-new make or break blackberry z-10 smartphone. >>> these stocks to keep an eye on. tiffany and company weighs in friday. the luxury jewelry company has sparkled recently despite missing earnings estimates three quarters in a row. another fire on deck. darden restaurants. the company missed last quarter's estimates but investors are still hungry for the red lobster and olive garden parent. >>> look for a big drop in productivity from the office along with cheering from co-workers watching college basketball's march madness games at their desk this week. we'll have more details on who's headed to the big dance coming up in sports. >>> just ahead, texas has one less bridge to worry about. and the $24,000 hoax with the gi
investors are worried if passed the 10% tax could set a precedent for future blameouts. >>> a new report from sweden points to china's rapidly growing budget to develop modern warfare equipment. a new tally finds tally has become the world's fifth largest arms exporter. the u.s. is number one followed by russia, germany, and france. >>> elsewhere, at&t starts selling the all-new make or break blackberry z-10 smartphone. >>> these stocks to keep an eye on. tiffany...
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they got the new obamacare tax and then they got the fiscal cliff tax and three months later the democratic budget and senate and haven't produced in four years and now they want another trillion dollars to take out of the economy. and it's-- how do the republicans deal with this? i mean, i had john boehner on my radio show and paul ryan on the show last night. what are your thoughts? what are they doing right and wrong? >> doing something, proposing budgets all well and good. they had a continuing resolution last week, that they could have used to try and cut some of obamacare administrative expenses, put some language in it in order to curtail obamacare. obamacare is the big killer in this society and not just of health care, but of liberty and the constitution, and what do they do? they vote for it. not only do they vote for it, they don't allow conservatives in the house to put an amendment on it. obama's not taking boehner seriously, he's kicking him around like a soccer ball. that's the problem, the republicans have got to show they mean something, if they don't, this is going to cont
they got the new obamacare tax and then they got the fiscal cliff tax and three months later the democratic budget and senate and haven't produced in four years and now they want another trillion dollars to take out of the economy. and it's-- how do the republicans deal with this? i mean, i had john boehner on my radio show and paul ryan on the show last night. what are your thoughts? what are they doing right and wrong? >> doing something, proposing budgets all well and good. they had a...
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Mar 13, 2013
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>> dana: the goal initially was to raise taxes, which they accomplished in january. when the fiscal cliff thing did not happen. that's why we had the sequester now. do you think he is pivoting to say we shouldn't worry about the debt that much. in the immediate term. as a second term president, aren't you supposed to govern for the longer term and focus on a better course? >> bob: accept now that everyone freaked out about a deficit that does not matter. i ask this question over and over. i'll ask it again. what was it today when you woke up in the morning about the debt that affected your life? the answer is absolutely nothing. the idea of trying to balance -- >> dana: if you're unemployed it might. >> bob: no. no. it has nothing to do with being unemployed. >> eric: you can't throw that premise out there on the table that unaffecteded by the debt. the china says we won't take 3% for the money, we want 6% or 9% or 10%, we're done. game over. they win. >> bob: they destroy themselveses in the process. >> kimberly: bob as a popular opinion for democrats. debt don't ma
>> dana: the goal initially was to raise taxes, which they accomplished in january. when the fiscal cliff thing did not happen. that's why we had the sequester now. do you think he is pivoting to say we shouldn't worry about the debt that much. in the immediate term. as a second term president, aren't you supposed to govern for the longer term and focus on a better course? >> bob: accept now that everyone freaked out about a deficit that does not matter. i ask this question over and...
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Mar 20, 2013
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what could stop congress from passing a tax? >> the u.s. learned its lesson 80 years ago in the middle of the depression when there were runs on banks back then. that is when they created the fdic. it is a constant reminder that it is a huge problem to have losses for small depositors and it will not happen in this country. the fdic is strong. the full faith and credit of the united states stands behind that. charles: if we had a real crisis to the magnitude of what cyprus is seeing and there is just not enough money in the agency to back this, it is just hard to argue that there would not be desperate measures. is it not possible for the federal government tuesday this is an emergency and reach into people's savings account. >> let's back up, charles, and look at what happened in the last crisis. 465 date failures. very little people notice that. even if you are in a bank that failed. money. that fund is back up at $25 billion. the industry paying 12.5 billion. the fdic has a line of credit. if there is a worse problem we would do one of t
what could stop congress from passing a tax? >> the u.s. learned its lesson 80 years ago in the middle of the depression when there were runs on banks back then. that is when they created the fdic. it is a constant reminder that it is a huge problem to have losses for small depositors and it will not happen in this country. the fdic is strong. the full faith and credit of the united states stands behind that. charles: if we had a real crisis to the magnitude of what cyprus is seeing and...
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Mar 15, 2013
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i demean the federal government which is wasting our tax money on a study. bill, thanks for suggesting the web site
i demean the federal government which is wasting our tax money on a study. bill, thanks for suggesting the web site
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Mar 19, 2013
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